Kyverna Therapeutics signs five-year miv-cel supply deal with ElevateBio
Kyverna Therapeutics and ElevateBio signed a Clinical and Commercial Supply Agreement on July 23, 2026, replacing their prior manufacturing agreement in its entirety. The deal covers clinical and commercial supply of Kyverna's lead candidate, miv-cel, and requires Kyverna to order minimum quantities in certain years and/or after FDA approval. The filing does not disclose dollar values, so shareholders cannot yet gauge the financial scale of the commitment.
Key points
- Agreement signed July 23, 2026, and replaces the prior agreement with ElevateBio in its entirety.
- Initial term of five years, with automatic one-year renewals unless terminated under the agreement's terms.
- Prices and fees are subject to an annual inflation adjustment up to a maximum percentage, tied to the PPI for Pharmaceutical Preparation Manufacturing.
- Full agreement to be filed with the Form 10-Q for the quarter ending September 30, 2026; certain terms will be confidential.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.